Overview of the Baillie Gifford Long Term Global Growth Fund

Baillie Gifford’s investment philosophy is based on the conviction that sustained growth in company profits leads to higher share prices over time, as high-growth companies are rewarded for superior revenue growth and strong management.

Our Long Term Global Growth strategy is a purely stock-driven, unconstrained global equity strategy focused on investing in exceptional growth companies from around the world. The approach is committed and expressly long term because we believe that investing in companies with the scope to grow to multiples of their current size over the next decade has the potential to transform the returns achieved for investors over time.

The portfolio is comprised of the highest quality stocks from around the globe – including some of the world’s best known companies across a range of market sectors. Because Baillie Gifford takes a global approach to stock selection and portfolio construction, there is no reference made to benchmark indices in the investment process.

The portfolio is concentrated to increase the potential returns for investors, and the rigorous investment process combines bottom-up research with fundamental analysis and proprietary research.

The team utilises a unique and exacting 10-questions stock research framework to assess potential and existing investment opportunities viewed through both positive and negative lenses, it analyses:

• Industry background 

• Competitive advantage

• Financial strength

• Management attitudes

• Valuation

We believe that the discipline of having a formal investment process is essential, such is the noise level and impatience of markets.

The way that we have approached looking at the world in a global context and really trying to understand the drivers of future change and future growth businesses has remained constant since the foundation of the strategy.